Construction is underway on a new senior living building in downtown Wausau. The Grant Place, a private development at the corner of Grant and First streets, will contain 70 apartments for people age 55 and older who want to downsize while staying active and social.

Demand has been strong ahead of opening: 50 of the 70 units have already been reserved. The site sits near walking trails, the YMCA, restaurants and shops, a location intended to let residents keep up their daily routines.

The building is designed as an upscale complex. Amenities include gathering areas, a game room, a concierge, building security and underground parking. The seventh floor will have no apartments and will instead serve as a gathering space called the Residence Club, with a commercial kitchen and game room. An assisted living component is also planned.

Apartments range from just under 900 square feet to more than 2,000 square feet, with rent priced by the square foot and rising with height in the building, putting monthly rents from just under $3,150 to around $10,000.

Crews are currently laying the building's footing before colder weather arrives. Developer Beacon Resources, led by manager Jeff Stubbe, is targeting completion in the third quarter of 2028, and says the project should also free up existing homes in the area as residents move in.